The company earned Rs 76.8 million in reinsurance commission, Rs 1.48 billion in investment, loans and others and Rs 122.1 million through loan against policies of Rs 1.49 billion.
During the period, the company earned net profit of Rs 223.3 million in the review period. The net profit increased by 23.40 percent compared to Rs 181 million of the corresponding period of the last FY.
The company with undisclosed paid-up capital has reserve fund of Rs 2.81 billion, life insurance fund of Rs 22.40 billion and Rs 392.3 million from disaster fund.
In the review period, the company issued 924,665 policies and earned Rs 3.87 billion in total insurance premium.
The company paid Rs 2.17 billion to 5,883 claims and has outstanding payment of Rs 616.1 million to 337 policies.
